Next support level?

Deva · 1 Next support level? Thu Oct 04, 2012 11:05 am

Deva

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Now the ASI is around 5885. If it falls further, what would be the next support level? is it around 5850?
I am trying to find out whether I should wait a little more to purchase at lower levels.
Techs please advice.

smallville · 2 Re: Next support level? Thu Oct 04, 2012 11:58 am

smallville

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Read this;
http://forum.srilankaequity.com/t23320-asi-6000-up#140009

Fib 38.2% support is at - 5730-5750

RSI was last seen at 67.. Has to come a bit more down..

Deva · 3 Re: Next support level? Thu Oct 04, 2012 1:07 pm

Deva

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smallville wrote:Read this;
http://forum.srilankaequity.com/t23320-asi-6000-up#140009

Fib 38.2% support is at - 5730-5750

RSI was last seen at 67.. Has to come a bit more down..

Thank you for the reply.

stockmania · 4 Re: Next support level? Thu Oct 04, 2012 4:49 pm

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Where is the people who told about ASI 9000 lol!

Redbulls · 5 Re: Next support level? Thu Oct 04, 2012 5:27 pm

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stockmania wrote:Where is the people who told about ASI 9000

Those who were preaching ASI to be 9000 are not genuine traders/investors. Some of them already off loaded the craps to greedy (so called traders). Some of them are still selling news to off load the balance craps.

traderathome · 6 Re: Next support level? Thu Oct 04, 2012 7:25 pm

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stockmania wrote:Where is the people who told about ASI 9000

I am telling ASI will reach 10000 in the future because it reached 7800 levels Very Happy

.....

when ASI was in 1000 levels who thought it would reach 2500, 5000 and 7500 so why cant it reach 9000 my friend..... scratch

When Gold was 850$ an ounce who expected to reach 1500$$ Now it is expected to breach 2500$$ and some say 5000$$ would you buy gold as a hedging or will you be doing lol!

Come on guys.......give the bulls some break....we are tired and taking a rest will soon be in action once again....... study

TAH

sahan8896 · 7 Re: Next support level? Thu Oct 04, 2012 7:29 pm

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traderathome wrote:

stockmania wrote:Where is the people who told about ASI 9000

I am telling ASI will reach 10000 in the future because it reached 7800 levels .....

when ASI was in 1000 levels who thought it would reach 2500, 5000 and 7500 so why cant it reach 9000 my friend.....

When Gold was 850$ an ounce who expected to reach 1500$$ Now it is expected to breach 2500$$ and some say 5000$$ would you buy gold as a hedging or will you be doing

Come on guys.......give the bulls some break....we are tired and taking a rest will soon be in action once again.......

TAH

Anyway what about breaking all time high next year?High probability?

traderathome · 8 Re: Next support level? Thu Oct 04, 2012 7:35 pm

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sahan8896 wrote:

traderathome wrote:

stockmania wrote:Where is the people who told about ASI 9000

I am telling ASI will reach 10000 in the future because it reached 7800 levels .....

when ASI was in 1000 levels who thought it would reach 2500, 5000 and 7500 so why cant it reach 9000 my friend.....

When Gold was 850$ an ounce who expected to reach 1500$$ Now it is expected to breach 2500$$ and some say 5000$$ would you buy gold as a hedging or will you be doing

Come on guys.......give the bulls some break....we are tired and taking a rest will soon be in action once again.......

TAH

Anyway what about breaking all time high next year?High probability?

dont guess or try to outsmart the market.....no body has had a perfect record on that....every one earns and we give back some...those who preach i told you so ....they are the biggest loosers.....

my advise is market sells on future......so what ever news that you hear now...market may have discounted that factor already......so take care...

Good luck buddy
TAH bounce

Redbulls · 9 Re: Next support level? Thu Oct 04, 2012 7:55 pm

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traderathome wrote:

sahan8896 wrote:

traderathome wrote:

stockmania wrote:Where is the people who told about ASI 9000

I am telling ASI will reach 10000 in the future because it reached 7800 levels .....

when ASI was in 1000 levels who thought it would reach 2500, 5000 and 7500 so why cant it reach 9000 my friend.....

When Gold was 850$ an ounce who expected to reach 1500$$ Now it is expected to breach 2500$$ and some say 5000$$ would you buy gold as a hedging or will you be doing

Come on guys.......give the bulls some break....we are tired and taking a rest will soon be in action once again.......

TAH

Anyway what about breaking all time high next year?High probability?

dont guess or try to outsmart the market.....no body has had a perfect record on that....every one earns and we give back some...those who preach i told you so ....they are the biggest loosers.....

my advise is market sells on future......so what ever news that you hear now...market may have discounted that factor already......so take care...

Good luck buddy
TAH

Fact.
Thanks.

UKboy · 10 Re: Next support level? Thu Oct 04, 2012 10:52 pm

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stockmania wrote:Where is the people who told about ASI 9000

Carin Lanka has to drill an oil well contains at least 2,3 billion barrels of crude oil. (shorterm)

stockmania · 11 Re: Next support level? Fri Oct 05, 2012 1:32 am

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traderathome wrote:

stockmania wrote:Where is the people who told about ASI 9000

I am telling ASI will reach 10000 in the future because it reached 7800 levels .....

when ASI was in 1000 levels who thought it would reach 2500, 5000 and 7500 so why cant it reach 9000 my friend.....

When Gold was 850$ an ounce who expected to reach 1500$$ Now it is expected to breach 2500$$ and some say 5000$$ would you buy gold as a hedging or will you be doing

Come on guys.......give the bulls some break....we are tired and taking a rest will soon be in action once again.......

TAH

Yes you are correct. It can reach 9000. but it needs time. It will reach even 20000 in some day. But I don't expect it would reach 9000 soon. It will not be healthy for the market if it will reach 9000 within couple of months. But it might be possible if some new companies will be introduced to market by NG.

Happy Trading cheers

Dr_CSE · 12 Re: Next support level? Wed Oct 10, 2012 1:33 pm

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There seems to be a support level around 5800. Not sure whether this is artificially maintained one manipulating shares like GSF. If this a true level we might be able to see a market turnaround tomorrow onwards. However this would depend on prevailing market sentiment, whether the people are bold enough to buy or hold.